Romania plans gas company share sale, London eyed

Romania plans to offer 15 percent of its biggest natural gas producer for sale in a stock market debut this year, part of privatisation plans agreed with international lenders and which officials have said could raise as much as 600 million euros. Investors have criticised Bucharest for being slow to reform an inefficient state sector, which is seen as holding back one of Europe’s poorest economies and deterring foreign investment.

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